Odyssey Marine Exploration NC find

[lightfoot]

http://www.wavy.com/Global/story.asp?S=7909614&nav=23ii

Saw this this morning.. May have already been commented on, but I didnt see it.
Cheers Derek

 

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[bucketofguts]

wonder if it is the one?

 

[bradyboy]

Odyssey Marine Exploration and BDJ Discovery Group LLC filed a joint motion for substitution of plaintiff in a federal case involving a shipwreck off North Carolina.

The motion, if approved by a judge, would substitute Odyssey for BDJ as the plaintiff in an Admiralty case against an unidentified shipwreck about 12 miles off the North Carolina coast.

BDJ, a North Carolina company, states in court records that the ship is believed to have sunk in the 18th century.

In September 2005, BDJ was appointed custodian of the vessel and it artifacts, federal court records filed in North Carolina show.

In a separate agreement, BDJ Discovery has assigned all of its rights to the artifacts and any wreck from which they originate to Odyssey, the joint motion states.

A small number of gold and silver artifacts were recovered from the arrested site, code-named "Firefly," an Odyssey release stated.

Odyssey, which is based in Tampa, has been surveying and inspecting the arrested site since August 2007, the company said.

 

[bradyboy]

I had posted on treasure wreck finds.
Very interesting.
Surprised i didnt leak out considering the issue with the spain wreck dispute

 

[lightfoot]

huh,, treasure wreck finds... that would have been appropriate. sorry, new to the forum. i think its amazing that they hit two years in a row..

 

[mad4wrecks]

Actually, BDJ discovered the wreck in 2005 and has the admiralty. Odyssey is taking over salvage rights. Why you may ask? Here are two insightful postings from Pat Clyne:

http://pub10.bravenet.com/forum/786256373/fetch/1108975/

http://pub10.bravenet.com/forum/786256373/fetch/1109198/

Tom

 

[jeff k]

'El Salvador' sank in 1750 after a hurricane in North Carolina

The El Salvador was swallowed by a hurricane in August 1750 while travelling with seven other ships of a Spanish fleet that traded with the Indians: The Galga - whose discovery was claimed in 1997 by the company Sea Hunt, Our Lady of the Goths, Nuestra Señora de la Soledad, Nuestra Señora de la Merced, San Pedro (boat Portuguese), Mariana and El Salvador.

The thesis that the archaeologist Tubby Raymond introduced in November 2000 in the Department of History at the University of North Carolina gives more information about what happened. According Tubby, El Salvador was a small boat to accompany the fleet, which at that time traded with the Indians under the auspices of the Bourbons. The rise of this dynasty French at the beginning of the XVIII tried to leave Spain to the decadence that existed with the last Hapsburgs. Getting back to the sea power and trading was his goal and this prompted reforms. Foremost, free trade, under which the Spanish merchant could trade with India without the direct control of the Crown. Fleet 1750 represented well this context, where not all ships had been chartered by the Kingdom of Spain.

It was the case of El Salvador, a merchant vessel to accompany 110 tons, two masts and eight guns similar in pattern to a brig at the time. His captain, John Cruana, was in charge of 30 men and a few children integrated into the crew. El Salvador left Havana in June 1750, after passing through Colombia. It continued for the rest of ships led by one of the jewels in the crown, the 50-gun frigate La Galga.

But in August of that same year, when it approached the coast of North Carolina to take the route back to Spain, a hurricane encounter with the group. The temporary desperdigó ships sending them to different parts of the Atlantic Ocean and El Salvador was the first to perish. Only three sailors survived, and one of the children. The others ended up in the seabed were Nuestra Señora de la Soledad, the Nuestra Señora de la Merced, and La Galga. The testimonies of survivors and logbooks of the captains who were able to observe the disaster in El Salvador, just give a figure: "lost in the vicinity of the cove Topsail."

Historians have investigated the location on several occasions that holds that sentence, and have come to two conclusions, or the boat was lost near the current cove Topsail or his disappearance occurred in the creek of Beaufort, then known by that name.

 

[PDJ]

Jeff -- Any ideas on what she had on board -- manifest?
I noticed the domain elsalvadorshipwreck.com was registered by proxy through godaddy.com -- Could mean nothing.
NC Brad -- do you know anything about this wreck -- it's your state?
PDJ

 

[jeff k]

PDJ... The article I posted on the El Salvador lists 16 chests of silver and 4 chests of gold. I know they found at least two emeralds on her, so there could be more.

http://forum.treasurenet.com/index.php/topic,33660.msg244881.html#msg244881

 

[jeff k]

Judge Grants Motion in North Carolina Shipwreck Case: Odyssey Marine Exploration Named Sole Custodian for Shipwreck Site
Monday February 25, 5:28 pm ET


TAMPA, Fla.--(BUSINESS WIRE)--Odyssey Marine Exploration, Inc. (Nasdaq:OMEX - News) has been named the sole plaintiff in the in rem Admiralty case number 4:05-CV-122-D3 pending in the United States District Court for the Eastern District of North Carolina after a U.S. District Judge granted the Joint Motion from Odyssey Marine Exploration and BDJ Discovery Group, LLC for “Substitution of Plaintiff."

In 2005, BDJ Discovery Group filed the original arrest action against the Unidentified Shipwreck Vessel, its apparel, tackle, appurtenances and cargo located in the waters of the Atlantic Ocean approximately 12 miles off the coast of North Carolina.

BDJ Discovery Group, the company that originally discovered evidence of the site, brought the project to Odyssey in 2007 and an agreement was reached for Odyssey to take over all aspects of the project. BDJ has assigned all of its rights to the artifacts and any wreck from which they originate to Odyssey in return for up to 15% of any proceeds from artifact sales after archaeological excavation, conservation, marketing and certain other expenses.

“As other groups assess the real costs and challenges of shipwreck projects, including archaeological recovery, conservation, legal and marketing expenses, we’re being called more often on projects like these,” commented Greg Stemm, Odyssey CEO. “We have the experience, technical expertise and infrastructure required to effectively handle all aspects of virtually any shipwreck project that comes our way.”

“We knew that we had something very interesting when we discovered the first artifacts in the area,” observed James Greene of BDJ. “When faced with the challenge of bringing together the technology and expertise for a proper archaeological excavation, much less dealing with legal, political and marketing issues, we felt it made the most sense to turn the entire project over to Odyssey, a proven leader in the field of shipwreck exploration. The quality of the work that the Odyssey team has done on the site since last summer is amazing.”

Odyssey has been conducting survey and inspection operations in the area and on the arrested site since August 2007 and is currently planning the next stages of survey and archaeological investigation of the site.

Among other objects, a small number of gold and silver artifacts have been recovered from the “Firefly” site, but the identity of the shipwreck from which the artifacts originated has not yet been confirmed. In order to protect the site, no additional information is being released at this time about the artifacts recovered or operations at the site to date.

 

[PDJ]

Thanks Jeff